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> DBOS officially commences commercial operations, Economic news from SARAWAK

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TSJasonist
post Jan 16 2018, 09:49 AM, updated 2y ago

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QUOTE
DBOS officially commences commercial operations
January 15, 2018, Monday Georgette Tan

user posted image
Abang Johari (centre) gives his approval to the new signboard outside the DBOS office yesterday after unveiling it. -Photos by Muhammad Rais Sanusi.

user posted image
Abang Johari is greeted by DBOS staff and other visitors as he visits the new premises at Menara SEDC.

DBOS commences operationsState-owned bank to focus on development projects which the state is or will be involved in, says Abg JohariBy Georgette Tan
reporters@theborneopost.com

KUCHING: Development Bank of Sarawak (DBOS) has officially started its commercial operations as of yesterday at Level 2 of Menara SEDC, Isthmus, off Jalan Bako here.

There to launch the new premises and unveil the signboard was Chief Minister Datuk Patinggi Abang Johari

Tun Openg in a ceremony witnessed by Second Finance Minister Dato Sri Wong Soon Koh, DBOS chief executive officer Sim Kheng Boon and Board of Directors chairman Tan Sri Datuk Amar Mohd Morshidi Abdul Ghani.

Abang Johari also launched the bank’s official website, which can now be accessed at dbos.gov.my.

During a press conference after the launching, the chief minister said that there had been a lot of applications from various government-related companies and agencies for facilities from DBOS but the bank was still studying the applications.

“This bank also must make money. All projects financed by this bank have to be profit-driven.”

DBOS will focus on development projects which the state is or will be involved in, including digital economy, urban public transport, renewable energy (power generation), oil and gas industry, healthcare, modern agriculture and infrastructure.  This means that Sarawak can self-finance projects like producing methanol.

“It’s part of the transformation of our state’s economy. We have our own bank which will finance all our strategic projects, and of course these projects must have commercial value because they are going to have to repay their loan,” said Abang Johari.

With the commencement of business operations, DBOS will be able to start taking deposits from the state government, and in the future, from government-linked companies. DBOS was incorporated on May 11 last year.

To date, DBOS has recruited 16 pioneer staff members, including the board of directors Datu Laura Lee Ngien Hion, Dato Sharkawi Alis, Christopher Adrian and Ho Swee Huat.

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http://www.theborneopost.com/2018/01/15/db...ial-operations/
CP-MH
post Jan 16 2018, 09:52 AM

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you are D BOS
Timemuffin
post Jan 16 2018, 09:52 AM

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mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
zhou.xingxing
post Jan 16 2018, 09:54 AM

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QUOTE(Timemuffin @ Jan 16 2018, 09:52 AM)
mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
*
lol
teikboon
post Jan 16 2018, 10:03 AM

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QUOTE(Timemuffin @ Jan 16 2018, 09:52 AM)
mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
*
later there triggered and say: jangan hina kami
SUSmemekfalui
post Jan 16 2018, 10:10 AM

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QUOTE(Timemuffin @ Jan 16 2018, 09:52 AM)
mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
*
Ok now mark edi...

10 years is not that far u know

Time fly so fast in in /k
TSJasonist
post Jan 16 2018, 10:13 AM

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QUOTE(Timemuffin @ Jan 16 2018, 09:52 AM)
mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
*
hope to see you again in 10 years.. cheers!
gjohn
post Jan 16 2018, 10:27 AM

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hope is will be successful
Faidzal
post Jan 17 2018, 11:51 AM

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QUOTE(Timemuffin @ Jan 16 2018, 09:52 AM)
mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
*
QUOTE(teikboon @ Jan 16 2018, 10:03 AM)
later there triggered and say: jangan hina kami
*
laugh.gif laugh.gif laugh.gif
salimbest83
post Sep 18 2019, 03:16 PM

♥PMS on certain day♥
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okay parking for next ten years
MRaef
post Sep 18 2019, 03:22 PM

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Let's hope we don't see SPRM cases appear and few key people related to DBOS kantoi like Bijan for the next 5 years.
Dezs
post Feb 21 2020, 11:50 AM

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Operasi songlap sebelum kantoi sudah bermula.. D BOS and the PETROS sedut as much as possible NAO...
s@ni
post May 18 2020, 09:46 AM

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so apa jadi ni
47100
post Oct 2 2020, 04:12 PM

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howhow
JimbeamofNRT
post Apr 1 2021, 06:08 PM

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QUOTE(Timemuffin @ Jan 16 2018, 09:52 AM)
mark my words

10 years from now you'll read bout a peninsular bank needing to bail out this bank
*
s@ni
post Apr 1 2021, 06:10 PM

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QUOTE(JimbeamofNRT @ Apr 1 2021, 06:08 PM)

*
sudah kena bail kah
TSJasonist
post Apr 1 2021, 06:11 PM

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LEL belum 10 years lagi mang
ken_hidaibuki
post Apr 1 2021, 06:16 PM

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All hail sarawak

 

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